Answer:
Invest
invest
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing
firm a can either earn20 or 70 if it advertises or 5 or 50 if it does not advertise. this is the same for firm B.
Thus the option that would yield the highest payoff is for both firms to advertise.
this is an example of prisoners dilemma
Might seem controversial though :) but I am pretty sure that the correct variant that properly shows the converse of given statement is the third one. As you know, the converse (in plane language) has the same meaning of the statement just by replacing two points. This statement has positive tone (if you make - you ll have) so it's directly coincides with C(you have, cause you have made)
Answer:
$59, 768.7
Explanation:
The ROS (Return on sales) of a company is a ratio used to evaluate a company's operations to how much profit they make per dollar of sales.
Since the company's goal is to increase sales by $417,963 this year they would need to reduce their logistics cost.
We use the formula
ROS =
Operating profit / (Net sales or expected Net sales)
We therefore substitute the formula:
The Operating profit= ROS X Net sales expected
14.3% x $417, 963 = $59, 768